Section 43-11-58 - Death of trustee of a power with right of selection--Execution of power for benefit equally of all designated persons

43-11-58. Death of trustee of a power with right of selection--Execution of power for benefit equally of all designated persons.If the trustee of a power, with the right of selection, dies, leaving the power unexecuted, its execution must be adjudged for the benefit equally of all the persons designated as objects of the trust. Source: CivC 1877, §354; CL 1887, §2870; RCivC 1903, §377; RC 1919, §444; SDC 1939, §59.0457.